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Company No. 02673518 · Incorporated 20 Dec 1991

Babington Business College Limited

Registered name: BABINGTON BUSINESS COLLEGE LIMITED

Part of Transformative Training & Education Holdco Ltd group

Babington Business College Limited made £18.6m revenue and a £5.2m loss in the year to 31 Jul 2024.

Babington Business College Limited’s revenue fell 20% to £18.6m in the year to 31 Jul 2024, with a loss of £5.2m and 314 employees. The company is classified under “post-secondary non-tertiary education” and is based in Bristol; we hold 3 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85410Post-secondary non-tertiary education
Status
Active
Location
Bristol, South West
Age
34 yrs · since 1991
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Jul 2024

Key figures

Capital-light
Revenue
£18.6m
Growth ▼19.6%
Profit
−£5.2m
Growth —
Profit margin
−27.7%
Gross 29.8%
Employees
314
Change ▼22.5%
Profit / employee
−£16.5k
Revenue/employee £59.3k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jul 202231 Jul 202331 Jul 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£26.3m£23.2m£18.6m
Cost of sales£14.9m£16m£13.1m
Gross profit£11.4m£7.2m£5.6m
Operating profit£914k−£4m−£5.1m
Profit before tax£914k−£4m−£5.1m
Profit after tax£744k−£3.8m−£5.2m
Profit (best available)£744k−£3.8m−£5.2m
Staff costs£15.1m£15.8m£12.3m
Employees (average)418405314
Ratios
Profit margin2.8%−16.5%−27.7%
Gross margin43.4%30.9%29.8%
Revenue per employee£62.9k£57.2k£59.3k
Profit per employee£1.8k−£9.4k−£16.5k
Growth (year on year)
Revenue growth—▼11.9%▼19.6%
Profit growth—▼613%—
Headcount growth—▼3.1%▼22.5%
Balance sheet — indirect signals, not revenue
Cash at bank£12.8k£469k£411k
Net assets£8.9m£5.1m−£43.8k
Fixed assets£1.3m£939k£657k
Current assets£12.5m£8m£4m
Debtors£2.6m£1.9m£1.4m
Deferred income£83.6k£342k£942k
SourceAccounts · bulk data Jul 2024Accounts · bulk data Jul 2024FullAccounts · bulk data Mar 2025
Derived from the latest filing

How the business works

Profit margin
−27.7%
Profit ÷ revenue.
Gross margin
29.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£59.3k
Revenue ÷ average employees.
Profit per employee
−£16.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.6%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼101%
Now −£43.8k
Cash at bank
▼12%
Now £411k
Headcount
▼22%
Now 314
Deferred income
▲176%
Now £942k
Fixed assets
▼30%
Now £657k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Transformative Training & Education Holdco Ltdultimate parent75–100%
  2. Transformative Training & Education Midco Ltd75–100%
  3. Transformative Training & Education Midco 2 Ltd75–100%
  4. Transformative Training & Education Ltd75–100%
  5. Knovia Group Limited75–100%
  6. Knovia Midco Limited75–100%
  7. Knovia Holdco Limited75–100%
  8. Knovia Limited75–100%
  9. Babington Business Limited75–100%
  10. Babington Business College Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jul 2024 (profit −£5.2m), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.